Kulczyk Oil Ventures
Kulczyk Oil Ventures

Resources

The prospective oil and gas resources:

PROSPECTIVE RESOURCES – Syria Block 9
(45% KOV Effective Interest)

Prospect

Resource Category

Low Estimate

Best Estimate

High Estimate

Itheria

Oil (MMbo)

19

87

235

 

Gas (Bcf)

19

85

238

 

Total MMboe

23

101

275

Bashaer

Oil (MMbo)

22

42

74

 

Gas (Bcf)

11

21

37

 

Total Mmboe

24

46

80

Total

Oil (MMbo)

51

134

296

 

Gas (Bcf)

37

109

265

 

Total MMboe

57

152

340

Prospective Resource volumes have not been discounted for risk.

Note - Totals reported in MMboe have been determined probabilistically and do not sum arithmetically and are based on any hydrocarbons discovered having a 50/50 chance of being oil or gas and on a boe ratio of six Mcf of gas being equal to one barrel of oil.